Does anyone have experience using the "when a credit card is going to expire" trigger?

We’re working on minimizing lost money from payment failures, non-renewals, etc… basically an involuntary churn on our subscription products.

I recently came across the credit card expiration trigger in Billing Automation. It seems pretty straightforward to apply actions like send the person an email.

Just wanted to know if anyone has worked with the trigger and has any tips or lessons learned to share.